About ePlus (NASDAQ:PLUS)

ePlus inc., an engineering-centric technology solutions provider, provides information technology (IT) products and services, flexible leasing and financing solutions, and enterprise supply management in the United States. It operates through two segments, Technology and Financing. The Technology segment sells IT products, such as hardware, software, maintenance, software assurance, and services; and offers advanced professional and managed services, including data center infrastructure, networking, security, cloud, and collaboration, as well as ePlus managed, professional, security, staff augmentation, server and desktop support, and project management services. This segment also offers proprietary software products comprising OneSource IT, an online Web based software portal for customers purchasing IT equipment, software, and services; OneSource Procurement, a Web-based software tool to facilitate procurement of various assets; OneSource Asset Management, a software platform for managing and tracking corporate assets consisting of vendor maintenance contracts; and OneSource DigitalPaper, a document management software application. The Financing segment specializes in financing arrangements, including direct financing, sales-type and operating leases, notes receivable, and consumption based financing arrangements, as well as underwriting and management of IT equipment and assets. Its financing operations comprise sales, pricing, credit, contracts, accounting, and risk and asset management. This segment primarily finances IT equipment, such as accessories and software, communication-related equipment, and medical equipment. The company serves commercial entities, state and local governments, government contractors, and educational institutions. The company was formerly known as MLC Holdings, Inc. and changed its name to ePlus inc. in 1999. ePlus inc. was founded in 1990 and is headquartered in Herndon, Virginia.

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Profitability

Miscellaneous

ePlus (NASDAQ:PLUS) Frequently Asked Questions

What is ePlus' stock symbol?

ePlus trades on the NASDAQ under the ticker symbol "PLUS."

When did ePlus' stock split? How did ePlus' stock split work?

Shares of ePlus split on the morning of Monday, April 3rd 2017. The 2-1 split was announced on Thursday, February 2nd 2017. The newly issued shares were distributed to shareholders after the market closes on Friday, March 31st 2017. An investor that had 100 shares of ePlus stock prior to the split would have 200 shares after the split.

How will ePlus' stock buyback program work?

ePlus declared that its board has initiated a stock buyback plan on Saturday, August 19th 2017, which allows the company to repurchase 500,000 shares, according to EventVestor. This repurchase authorization allows the company to purchase shares of its stock through open market purchases. Shares repurchase plans are often a sign that the company's board believes its shares are undervalued.

How were ePlus' earnings last quarter?

ePlus (NASDAQ:PLUS) issued its quarterly earnings data on Wednesday, February, 7th. The software maker reported $0.97 earnings per share for the quarter, topping analysts' consensus estimates of $0.84 by $0.13. The software maker earned $342.57 million during the quarter, compared to analyst estimates of $344.25 million. ePlus had a return on equity of 15.06% and a net margin of 4.01%. View ePlus' Earnings History.

When is ePlus' next earnings date?

What price target have analysts set for PLUS?

2 brokers have issued 12-month target prices for ePlus' stock. Their forecasts range from $75.00 to $75.00. On average, they expect ePlus' stock price to reach $75.00 in the next year. View Analyst Ratings for ePlus.

Has ePlus been receiving favorable news coverage?

News stories about PLUS stock have been trending somewhat positive recently, Accern Sentiment reports. Accern identifies positive and negative media coverage by monitoring more than twenty million blog and news sources in real time. Accern ranks coverage of public companies on a scale of negative one to positive one, with scores closest to one being the most favorable. ePlus earned a coverage optimism score of 0.15 on Accern's scale. They also gave media coverage about the software maker an impact score of 46.05 out of 100, meaning that recent media coverage is somewhat unlikely to have an impact on the company's share price in the near term.

How do I buy shares of ePlus?

Shares of PLUS can be purchased through any online brokerage account. Popular online brokerages with access to the U.S. stock market include Vanguard Brokerage Services, TD Ameritrade, E*TRADE, Scottrade, Fidelity and Charles Schwab.

What is ePlus' stock price today?

One share of PLUS stock can currently be purchased for approximately $89.90.

How big of a company is ePlus?

ePlus has a market capitalization of $1.26 billion and generates $1.33 billion in revenue each year. The software maker earns $50.55 million in net income (profit) each year or $3.74 on an earnings per share basis. ePlus employs 1,173 workers across the globe.

MarketBeat Community Rating for ePlus (PLUS)

MarketBeat's community ratings are surveys of what our community members think about ePlus and other stocks. Vote "Outperform" if you believe PLUS will outperform the S&P 500 over the long term. Vote "Underperform" if you believe PLUS will underperform the S&P 500 over the long term. You may vote once every thirty days.

Analyst Ratings

ePlus (NASDAQ:PLUS) Price Target and Consensus Rating

MarketBeat calculates consensus analyst ratings for stocks using the most recent rating from each Wall Street analyst that has rated a stock within the last twelve months. Each analyst's rating is normalized to a standardized rating score of 1 (sell), 2 (hold), 3 (buy) or 4 (strong buy). Analyst consensus ratings scores are calculated using the mean average of the number of normalized sell, hold, buy and strong buy ratings from Wall Street analysts. Each stock's consensus analyst rating is derived from its calculated consensus ratings score (0-1.5 = Sell, 1.5-2.5 = Hold, 2.5-3.5 = Buy, >3.5 = Strong Buy). MarketBeat's consensus price targets are a mean average of the most recent available price targets set by each analyst that has set a price target for the stock in the last twelve months. MarketBeat's consensus ratings and consensus price targets may differ from those calculated by other firms due to differences in methodology and available data.

2 Wall Street analysts have issued ratings and price targets for ePlus in the last 12 months. Their average twelve-month price target is $75.00, suggesting that the stock has a possible downside of 16.57%. The high price target for PLUS is $75.00 and the low price target for PLUS is $75.00. There are currently 2 hold ratings for the stock, resulting in a consensus rating of "Hold."